Orlando home prices rise 13.8 percent in May

Metro Orlando home prices continued their upward climb in May, increasing 13.8 percent compared to May 2012, including distressed sales, according to CoreLogic.

The Santa Ana, Calif.-based company (NYSE: CLGX) also reported a 2.7 percent month-over-month increase from April.

Excluding distressed sales, year-over-year prices rose 12.9 percent in May when compared to the same time last year, while month-over-month prices, excluding distressed sales, increased by 3.1 percent from April to May.

On the statewide level, Florida had the second-largest peak-to-current declines, including distressed transactions, according to the report.

Nationwide, home prices, including distressed sales, rose 12.2 percent in May 2013.